Aviso Financial Inc. Boosts Holdings in Invesco QQQ (NASDAQ:QQQ)

Aviso Financial Inc. increased its holdings in Invesco QQQ (NASDAQ:QQQ) by 138.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,862 shares of the exchange traded fund’s stock after buying an additional 1,080 shares during the quarter. Aviso Financial Inc.’s holdings in Invesco QQQ were worth $952,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. SOA Wealth Advisors LLC. lifted its holdings in Invesco QQQ by 0.3% during the third quarter. SOA Wealth Advisors LLC. now owns 17,369 shares of the exchange traded fund’s stock valued at $8,477,000 after purchasing an additional 46 shares in the last quarter. Pettinga Financial Advisors LLC lifted its holdings in Invesco QQQ by 13.6% during the third quarter. Pettinga Financial Advisors LLC now owns 15,475 shares of the exchange traded fund’s stock valued at $7,553,000 after purchasing an additional 1,854 shares in the last quarter. Huntington National Bank lifted its holdings in Invesco QQQ by 7.7% during the third quarter. Huntington National Bank now owns 36,185 shares of the exchange traded fund’s stock valued at $17,661,000 after purchasing an additional 2,581 shares in the last quarter. Balboa Wealth Partners purchased a new position in Invesco QQQ during the third quarter valued at approximately $6,254,000. Finally, Black Diamond Financial LLC raised its position in shares of Invesco QQQ by 0.5% during the third quarter. Black Diamond Financial LLC now owns 5,210 shares of the exchange traded fund’s stock valued at $2,543,000 after buying an additional 26 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

Invesco QQQ Price Performance

Invesco QQQ stock opened at $479.66 on Friday. The stock has a market cap of $302.31 billion, a P/E ratio of 33.43 and a beta of 1.11. Invesco QQQ has a 1 year low of $413.07 and a 1 year high of $540.81. The firm’s 50 day moving average price is $514.89 and its 200-day moving average price is $503.66.

Invesco QQQ Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.8347 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco QQQ Profile

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.